Forum Merger Correlations
| FMIVWDelisted Stock | 0 0.00 0.00% |
The current 90-days correlation between Forum Merger IV and Anzu Special Acquisition is 0.04 (i.e., Significant diversification). The correlation of Forum Merger is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Forum Merger Correlation With Market
Good diversification
The correlation between Forum Merger IV and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Forum Merger IV and DJI in the same portfolio, assuming nothing else is changed.
Forum |
Moving together with Forum Stock
| 0.65 | GOEVW | Canoo Holdings | PairCorr |
| 0.61 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.74 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.66 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.81 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Forum Stock
| 0.83 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.82 | GCMGW | GCM Grosvenor | PairCorr |
| 0.81 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.75 | META | Meta Platforms | PairCorr |
| 0.67 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.63 | PCTTW | PureCycle Technologies | PairCorr |
| 0.62 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.61 | ATCOL | Atlas Corp | PairCorr |
| 0.48 | NVDA | NVIDIA | PairCorr |
| 0.48 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.47 | ASTSW | AST SpaceMobile | PairCorr |
| 0.35 | MAPSW | WM Technology | PairCorr |
| 0.84 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.8 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.79 | DIS | Walt Disney | PairCorr |
| 0.75 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.74 | HD | Home Depot | PairCorr |
| 0.71 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.58 | AA | Alcoa Corp Sell-off Trend | PairCorr |
| 0.47 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.47 | IBM | International Business Sell-off Trend | PairCorr |
| 0.46 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.35 | BA | Boeing Sell-off Trend | PairCorr |
Related Correlations Analysis
| 0.1 | -0.2 | 0.26 | 0.3 | ANZUW | ||
| 0.1 | 0.18 | 0.2 | 0.27 | CFIVW | ||
| -0.2 | 0.18 | -0.24 | -0.28 | BYTSW | ||
| 0.26 | 0.2 | -0.24 | 0.34 | AMAOW | ||
| 0.3 | 0.27 | -0.28 | 0.34 | SLAMW | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Forum Stock performing well and Forum Merger Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Forum Merger's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ANZUW | 7.07 | 1.19 | 0.10 | (1.78) | 8.16 | 20.00 | 84.91 | |||
| CFIVW | 22.99 | 10.34 | 0.39 | (1.12) | 14.68 | 26.98 | 662.50 | |||
| BYTSW | 15.23 | 2.79 | 0.12 | (2.54) | 17.69 | 36.36 | 90.66 | |||
| AMAOW | 26.40 | 7.45 | 0.23 | (0.68) | 22.82 | 76.04 | 252.41 | |||
| SLAMW | 13.01 | 1.11 | 0.04 | (0.29) | 14.57 | 27.78 | 89.71 |
Forum Merger Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Forum Merger stock to make a market-neutral strategy. Peer analysis of Forum Merger could also be used in its relative valuation, which is a method of valuing Forum Merger by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Forum Merger IV?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.